Web character and former kickboxer Andrew Tate has acknowledged his lack of belief in conventional finance platforms and governments has pushed him to enterprise into the blockchain area.
In line with Tate, cryptocurrencies and blockchain are providing people an opportunity to manage their cash and wealth versus transacting in fiat, he said throughout an episode on Anthony Pompliano’s podcast revealed on December 16.
Tate cited an incident the place he was placed on a journey listing for initiating a cross-border transaction involving $900,000. On this line, Tate identified that crypto comes with a number of advantages, equivalent to eliminating the necessity for paperwork and rigorous checks related to fiat transactions.
“You can actually control and own your money. <…> No problem with Bitcoin, so it fixes a whole bunch of problems; cryptocurrencies, it certainly does, and I think a lot of people who are forward thinking and believe the things I believe in. <…> I don’t even trust the government anymore <…> I’m going full crazy, Mr. Blockchain, now because it’s the only time I feel like I have control over things,” he mentioned.
Moreover, Tate famous that Bitcoin (BTC) stays the way forward for the monetary world, stressing that it’s an asset the federal government cant take.
The necessity for fiat forex
Beforehand, Tate had alleged that fiat forex is trash whereas terming cryptocurrencies as wonderful for various causes, equivalent to appearing as a hedge towards inflation.
“If you ever tried to send a million dollars, which I’ve done through a bank, you will see the levels of bullshit you have to go through. It’s my money that I made, and I’m sending it to somebody. But I have to go through weeks of papers and questions and garbage,” he mentioned.
Certainly, Tate based Hustler’s College, a web site the place members pay for recommendation on dropshipping, crypto buying and selling, and internet affiliate marketing.
Lastly, it’s price noting that Tate emerged as an web sensation who was kicked off main social media platforms in 2022 after his views on masculinity and misogyny went viral.
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Featured picture through Anthony Pompliano YouTube